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Euro & Finance

German Chancellor Angela Merkel on Monday (2 March) expressed her support for the European Commission's €315 billion investment push, but stressed the plan must be accompanied by reforms and austerity measures among eurozone countries. EurActiv Germany reports.

Investor expectations of the eurozone breaking apart rose to their highest level in two years in February, a survey showed yesterday (2 March), even after Greece agreed to a financial lifeline with its eurozone partners.

For their own political reasons the Greek government seem to agree with the much-discussed new extension given by the European Commission to France to reduce its deficit below the established European limit of 3%. EurActiv Greece reports.

The leader of the French Communist Party sees the success of Syriza as an opportunity to set the European project on a different path. He told EurActiv France that he hopes to gain the support of Europe's ecologist, socialist and far-left politicians.

Spain's centre-right Prime Minister Mariano Rajoy hit back yesterday (1 March) against accusations from Greece's leftist premier that Spain and Portugal had led a conservative conspiracy to topple his anti-austerity government.

Germany's parliament approved an extension of Greece's bailout on Friday after Finance Minister Wolfgang Schauble, who has voiced doubts about whether Athens can be trusted, promised it would not be allowed to "blackmail" its euro zone partners.

France was required to comply with EU deficit restrictions by 2015, but the European Commission is giving the country an extension until 2017, garnering sharp criticism from Germany’s centre-right in the European Parliament. EurActiv Germany reports.